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VIVHY Vivendi SE (PK)

12.00
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vivendi SE (PK) USOTC:VIVHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 12.00 11.25 12.25 0.00 12:15:17

Mediaset to Let Vivendi Vote at Shareholder Meeting But Bars Simon Fiduciaria

26/06/2020 10:00am

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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   By Pietro Lombardi 
 

Mediaset SpA said Friday that it will let shareholder Vivendi SA vote at its shareholder meeting, while trustee Simon Fiduciaria, which holds the bulk of the French company's stake in Mediaset, will be prevented from voting.

The French media conglomerate will be allowed to take part in Friday's meeting and vote in relation to the 9.6% stake in Mediaset that it directly holds, the Italian broadcaster said.

However, trustee Simon Fiduciaria won't be allowed to vote in relation to the 19.2% stake in Mediaset it holds on behalf of Vivendi.

Overall, Vivendi holds a 28.8% stake in Mediaset.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

June 26, 2020 04:45 ET (08:45 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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